Total of 18656 firms and businesses for sale today Saturday 27th April 2024
Sold. Importer, Distributor &retailer + E-commerce Sales Of Porcelain, Glass And Mosaic Tiles
LISTING DETAILS
Firms For Sale ID:
34000
Vendor reference:
GE089
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
Undisclosed
Turnover / revenue:
£1,200,000
Net profit / cashflow:
Undisclosed
Trading hours:
Monday-Friday: 8am -5pm
Saturday: 9am -5pm
Sunday: 10am- 4pm
Number of employees:
5
Employees / staffing:
The owner and his wife run the business assisted by three additional staff; two salespeopleand one warehouse manager. All staff are extremely experienced and knowledgeable in the business.
OTHER DETAILS
Reason for selling:
Retirement
Support and training:
Due to the importance of the suppliers the owner is prepared to stay as long as is required in order to achieve a smooth transition of ownership.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
BUSINESS DESCRIPTION
Importer, Distributor &Retailer + E-Commerce Sales of Porcelain, Glass and Mosaic Tiles
Ref. GE089
Location : Hertfordshire and London
Asking Price : Offer Invited
This business imports and supplies tiles and mosaics for the worldwide market. Products are supplied for projects in Japan, Hong Kong, Dubai and Europe to name just a few. Over the years the business has established a strong foothold in China and developed a first class relationship with it s suppliers with excellent credit facilities.
Formed ten years ago the business has an excellent association with many of the world s largest manufacturers and has become a major importer of porcelain, glass and mosaic tiles, holding a significant and varied stock. This relationship allows the company to provide a unique service to it s clients.
The company has developed good connections in the construction and property development markets, with 50% of sales being to trade.
The business has an excellant, varied and professional showroom in Hertfordshire.
Expansion Potential
Introducing an architectural specialist into the business could be beneficial to expansion in this growing market. The company could also develop a contracting side.
Market / Competition / Non-Competition Agreements
The company has experimented with various types of advertising and has taken the decision to concentrate on Consumer shows i.e. Ideal Home Show and Grand Designs as its main source of marketing.